Citi and Kotak back Vedanta Aluminium with positive ratings, citing growth potential, capacity expansion, cost efficiency and strong aluminium demand.

Vedanta Aluminium shares hit the 5% lower circuit for a third straight session on Wednesday, extending their post-listing decline to 14%. Since debuting at Rs 522 per share on…

Vedanta Aluminium shares have plunged 14% in three days since their Rs 522 debut, erasing over Rs 29,000 crore in market value despite being touted as Vedanta's crown jewel.